Trump presses China to reverse stance on structural reform if it wants trade deal
President Donald Trump said on Tuesday that he was holding up a trade deal with China and had no interest in moving ahead unless Beijing agrees again to four or five “major points” that Trump did not specify.
U.S. economic growth forecast ‘not contingent’ on China trade deal: Kudlow
White House economic adviser Larry Kudlow said the U.S. economy will likely still achieve a 3% pace of growth this year even without a trade deal with China.
Uber chief executive laments U.S. trade policy for lackluster IPO
Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company’s initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price.
Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt
Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US Inc’s $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.
Prosecutors investigate VW works council boss in pay inquiry
German prosecutors said on Tuesday they were investigating the chairman of Volkswagen’s powerful works council as part of a inquiry into whether some of its members were paid excessively, turning him from a witness into a suspect.
Wall Street rally loses steam as industrials drag
Wall Street’s main indexes gave up gains to trade slightly lower on Tuesday, as declines in industrial companies dampened early optimism over easing trade tensions and the prospect of an interest rate cut by the Federal Reserve.
Trump says China wants trade deal badly but it must be a great deal
President Donald Trump said on Tuesday that China wants a trade deal very badly but he is not interested in an accord unless it is a great deal.
Amazon to shut restaurant delivery service in U.S.
Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies’ Uber Eats services.
State attorneys general in U.S. file lawsuit to stop Sprint-T-Mobile deal
Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc’s $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.
Ten states file lawsuit to stop Sprint, T-Mobile merger: release
Ten state attorneys general, led by New York and California, filed a lawsuit on Tuesday to ask a court to stop T-Mobile US Inc’s acquisition of smaller telecommunications rival Sprint Corp, the New York attorney general’s office said in a statement.
